---
title: Recent Transactions and Current Deals On The Market
author: David Maupin
date: '2018-04-10'
slug: recent-transactions-and-current-deals-on-the-market
categories:
- Mergers and Acquisitions
- Current Deals
tags:
- Mergers and Acquisitions
- Current Deals
description: "Mapping recent transactions and current deals on the market. Data sourced from PLS starting in 2017."
---
Data Sources and Methodology
Data obtained from PLS and filtered to show relevant transactions and current deals on the market.
Select active deals or previous M&A activity in the map.
Table includes current deals.
Select Highlights
Three Rivers Operating III (Riverstone backed) recently divested it’s ~60,000 acre position in Culberson County.
Riverstone stated they received a ROI of ~2.2 from its initial investment of ~$94 million which represents total proceeds of ~$205 million.
The total price paid is currently unknown.
Rumored buyer is Admiral Permian (ex Reliance) which received an equity line of $600 million from Pinebrook in March of 2017.
Announcement was somewhat surprising as well results in the area have been underwhelming.
Bloomberg reported that Shell is potentially interested in acquiring BHP’s Delaware Basin assets.
“BHP has good assets that overlap our own acreage in the Permian, and may be interesting for us.”